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...It has also rolled out AI tools to its 33,000 employees, helping them manage company data, write text, summarise information and produce slides....
...The utility also owns a large renewable energy operation that is expected to produce more than 1.5 gigawatts of wind energy....
...Their papers have focused on ever more advanced AI models that incorporate text and visual inputs to produce responses to queries....
...Influencers affiliated with Ogilvy will need to clearly say when they are being paid by a pharma company....
...But it is not clear (to me anyway) what exactly he means by this, given that the S&P is a diversified index that growing companies automatically enter and shrinking companies automatically leave....
...Stalling living standards, and the resultant loss of hope, creates “a fertile field for [a] demagogue like Trump . . . He is what neoliberalism produces.”...
...She is, Kattan writes, “the embodiment of what we call in Arabic sumood, or resilience”....
...The company also reported a sharp fall in net income of $215.6mn for 2023, down from $1.03bn....
...For Mazzia, the drive to bring in more vegetables, pulses and grains into the mix of the menu is a chance to play on what he does best — surprise diners with a twist on sometimes underestimated ingredients...
...“CVS has put their stake in the ground that they’re going to create a marketplace where one [biosimilar] manufacturer is rewarded,” said Jon Martin, head of Organon’s US biosimilar arm, which produces Humira...
...Last year, Eni paid $4.9bn for London-based oil and gas producer Neptune Energy in what was the largest cash deal in almost a decade for the European energy sector....
...But working out what is wrong and what is right is not as easy as putting some numbers into a spreadsheet and seeing what it spits out....
...Rather, it is that the proposed changes tackle a fundamental issue at the heart of what a corporation is — whether directors should use their judgment in making decisions or simply be told what to do through...
...“Buy what you know” was a keystone of his investing philosophy — one that earned the Fidelity Magellan fund a benchmark-beating 29 per cent annualised return under his 13-year stewardship....
...Tesla’s chief executive’s grand ambition is to turn the company from a hardware into a software powerhouse....
...What differentiates the two is the level of detail investors have been given about spending....
...If the pair cannot match what Buffett did, it raises a question about both the company’s value and its reason to exist in a world where passive index funds are touted as safer, cheaper and more reliable...
...Exactly what this will look like is not clear. OpenAI and Anthropic already offer generative AI chatbots via smartphone apps....
...It eventually got to a deal outside of bankruptcy that was in effect what the parties could have got from a court-imposed resolution....
...Instead, what the chief executive offered — alongside even worse than expected first-quarter profits and the company’s first cash outflow since the start of the pandemic — was a classic Muskian fudge....
...Carmakers fear what Carlos Tavares, chief executive of Stellantis, calls “jumping in the red ocean” with a price war....
...He concluded that assessments on transaction, monitoring and agency costs would compel managers to either produce internally or outsource to another company....
...Last year, Shockwave completed a $147mn acquisition of Neovasc, which produces a device to treat refractory angina, another type of heart defect....
...This does not mean that Uber should commit to what Khosrowshahi has called “buybacks etc”. For a company that reported more than $37bn in revenue, Uber’s free cash flow margin is about 9 per cent....
...Their apparent innovation — to simmer the tandoori chicken in a creamy tomato gravy to make what is today known as butter chicken — became a staple of Indian menus worldwide....
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